Marketability Statement

Despite the current fall in the luxury condo market for the pandemic and political changes regarding foreign investment policies, there will still be a demand for core assets in a prime location. According to Douglas Elliman, Manhattan sales volumes were up 13.1% year over year in the first quarter of 2020, even as median prices declined by a modest 2.6%. With its built date, location, and state-of-the-art architecture design, the price per square footage is competitive compared to similar skyscrapers around the area.

The floor plan presents a residence for affluent buyers who enjoy both social events and serenity of family life or even one’s retreat. Upon arrival, the residence greets its visitors with a functional gallery. The graciously proportioned rooms offer east, north, and south city views either to welcome and accommodate guests or to nest with family members. For the target buyers who host at-home receptions or salon concerts, the residence offers separation between the public and private zones connecting by the gallery with direct access to both areas. With its gorgeous 6,77 square feet living space, an open kitchen, and a guest room, the public area is fully functional for an event. Branching out from the intermediary space of the family room, the bedrooms maintain their individuality and privacy. The view and size of the master bedroom make it extra luxurious. With direct access to the library from the master bedroom, the floor plan provides an option to hide into a quiet space to work or enjoy the peace corner.